Unstaking from dApps
Overview
Locking is a process by which tokens are temporarily locked
. Staking is one of the scenarios that require tokens to be bonded.
Unlocking is the action of telling the network that you want to unlock these tokens. After the unlocking period, you can withdraw the tokens, and they become transferable
.
Please note that this is based on a perfect block production of 12s. In case of any delay, your unlocking period can be a little longer.
The unlocking period lenghts can be consulted here.
When you unlock or unstake your tokens from dApps Staking, you won’t earn rewards during the unlocking period!
How to unlock staked tokens:
If you have staked on one of the dApp(s), you can now click on Unlock
from My dApps Panel in the Asset Page to make your tokens transferables.
-
Click on the Unlock button (↑) on the dApp you want to unstake from;
-
Select the amount you want to Unlock, or click on Max to
unlock
your complete stake. -
To sign your transaction, click on Start Unlocking.
If you unstake
some of your tokens from a dApp and your remaining tokens are below the minimum staking amount for a dApp, all your tokens will be unstaked from that dApp;
If you unstake
your tokens from one dApp during the Build&Earn subperiod and your staked tokens on this dApp are less than your staked tokens at the end of the Voting subperiod for the same dApp, you will no longer be eligible for the Bonus Rewards for that dApp;
When unlocking tokens, a new window appears in your Staking Panel: Unlocking.
- Remaining Days gives you an estimation on how many days or
Eras
you have to wait before being able to withdraw your tokens. - When your unlock period is over, you need to withdraw your funds by clicking on the withdraw button. Sign the transaction and your tokens will be made transferrable in your wallet.
Chunks
Each unlocking is called a Chunk. But what is a Chunk?
An unlocking chunk is some amount of ASTR that is undergoing the unlocking period.
E.g.: One chunk can be described as: "1000 ASTR is undergoing the unlocking period and will be available for transfer on block 42000000".
How to unlock locked tokens:
If you have tokens that are still locked but not in staking, you can unlock them to make them transferable.
These tokens will always be subject to the unlocking period.
In the My Staking Panel on the Asset Page, you may have tokens under Locked amount, which are tokens that are not staked but could be unlocked.
- To release them, click on Unlock (↑), which will trigger a transaction to
unlock
them all.
- At the end of the unlocking period, you can withdraw them by clicking on the withdraw button.
- Sign the transaction and your tokens will be made transferrable in your wallet.